Elevated Capital Advisors LLC purchased a new stake in shares of SPDR Gold Shares (NYSEARCA:GLD) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 7,508 shares of the exchange traded fund’s stock, valued at approximately $1,073,000. SPDR Gold Shares makes up approximately 1.2% of Elevated Capital Advisors LLC’s holdings, making the stock its 28th largest holding.

A number of other hedge funds have also made changes to their positions in the business. Sumitomo Mitsui Trust Holdings Inc. lifted its position in shares of SPDR Gold Shares by 31.0% during the fourth quarter. Sumitomo Mitsui Trust Holdings Inc. now owns 1,522,775 shares of the exchange traded fund’s stock worth $217,605,000 after purchasing an additional 360,629 shares in the last quarter. WealthNavi Inc. lifted its position in shares of SPDR Gold Shares by 10.3% during the fourth quarter. WealthNavi Inc. now owns 1,058,885 shares of the exchange traded fund’s stock worth $151,315,000 after purchasing an additional 98,504 shares in the last quarter. Johanson Financial Advisors Inc. lifted its position in shares of SPDR Gold Shares by 14,416.2% during the fourth quarter. Johanson Financial Advisors Inc. now owns 733,792 shares of the exchange traded fund’s stock worth $5,135,000 after purchasing an additional 728,737 shares in the last quarter. Commonwealth Equity Services LLC lifted its position in shares of SPDR Gold Shares by 18.9% during the third quarter. Commonwealth Equity Services LLC now owns 728,915 shares of the exchange traded fund’s stock worth $101,224,000 after purchasing an additional 116,017 shares in the last quarter. Finally, State Street Corp lifted its position in shares of SPDR Gold Shares by 72.9% during the third quarter. State Street Corp now owns 620,923 shares of the exchange traded fund’s stock worth $86,228,000 after purchasing an additional 261,777 shares in the last quarter.

NYSEARCA GLD opened at $148.38 on Friday. The company’s fifty day simple moving average is $146.58 and its 200-day simple moving average is $141.87. SPDR Gold Shares has a 52 week low of $119.54 and a 52 week high of $149.68.

SPDR Gold Shares Company Profile

SPDR Gold Trust (the Trust) is an investment trust. The investment objective of the Trust is for the Shares to reflect the performance of the price of gold bullion, less the Trust’s expenses. The Trust’s business activity is the investment of gold. The Trust creates and redeems Shares from time to time, but in one or more Baskets (a Basket equals a block of 100,000 Shares).

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Institutional Ownership by Quarter for SPDR Gold Shares (NYSEARCA:GLD)

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